Mexico | 1H October inflation forecast: stable inflation in annual terms

Summary

We expect headline inflation to increase 0.44% HoH in the first half of October (3.05% YoY), with core coming in at 0.16% HoH (3.71% YoY).

Key points

• Key points:
• We expect both headline and core inflation to stay relatively stable in annual terms compared to 3.01% and 3.72%, respectively in the second half of September
• Our preliminary monthly forecasts are 0.55% MoM for headline inflation and 0.27% for core inflation

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